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Dow back in the black for 2010
Stocks closed near session highs Friday, with the Dow erasing its losses for the year, as investors welcomed a better-than-expected report on the U.S. job market.
Oil roars into September 'like a lion'
After ending August in a slump, oil prices surged into September, rallying more than 3% Wednesday as the economic outlook brightened.
Treasurys fall on upbeat manufacturing data
Investors eased away from safe-haven Treasurys Wednesday, sending prices lower and yields higher after strong manufacturing data out of both the U.S. and China spurred optimism about the global economy.
Dollar slips on return to risk
As better-than-expected economic data boosted investor morale this week, the greenback lost some of its luster, falling against a basket of currencies.
Saks stock shoots up 20% on buyout rumors
Shares of luxury retailer Saks surged Tuesday after a British newspaper said the company could soon get a buyout offer of $1.7 billion.
Stocks slump at the close
U.S. stocks ended a choppy day of trading lower Monday, as a dismal economic outlook overshadowed earlier optimism fueled by takeover talk.
Ferrari recalls $225,000 458 Italia supercar
Ferrari is recalling its new 458 Italia model after several vehicles were reported to have burst into flames.
Oil roars into September 'like a lion'
After ending August in a slump, oil prices surged into September, rallying nearly 3% Wednesday, and continuing to move higher Thursday following news of an oil platform explosion in the Gulf of Mexico.
China manufacturing might help avoid crash
China's manufacturing sector rebounded in August, calming some fears about the pace of that country's growth.
Dollar slips on return to risk
As better-than-expected economic data boosted investor morale this week, the greenback lost some of its luster, falling against a basket of currencies.
Nikkei sinks to 16-month low
World markets slumped Tuesday, with the Nikkei ending at a 16-month low, as the yen remained strong despite efforts by the Bank of Japan to keep a lid on the Japanese currency's rise.
RIM avoids BlackBerry ban in India - for now
India will delay banning BlackBerry services pending a 60-day security test, the country's home affairs department said Monday.
Bank of Japan's additional easing measures disappoint
The Bank of Japan eased its monetary policy at an emergency meeting Monday morning, in an effort to curb the yen's strength and lift the country's struggling economy -- though the move was not enough to satisfy investors.
Sanofi offers $18.5 billion for Genzyme
French pharmaceutical firm Sanofi-Aventis is stepping up the pressure on U.S. biotech firm Genzyme, going public with an $18.5 billion cash offer and hinting it may consider a hostile takeover if Genzyme refuses to talk.
Big Oil ticked off at new money law
A new law requiring oil companies to disclose all payments made to governments has sparked a sharp debate, with Big Oil saying it will put it at a big competitive disadvantage.